snoop1130 Posted February 2, 2023 Share Posted February 2, 2023 BANGKOK (NNT) - The government has set its 2023 rice export target to 7.5 million tons in alignment with strong demands and the volatility of the Baht currency. Foreign Trade Department Director-General Ronnarong Phoolpipat stated that the rice export target for this year was made following consultation with the Thai Rice Exporters Association. Although demand for Thai rice remains strong this year, the instability of the Thai currency could make Thai rice more expensive than its competitors. This prompts the ministry to set this year’s target at 7.5 million tons, which is lowered than the 7.69 million tons exported last year. The director-general added that the Commerce Ministry will continue to promote Thai rice through events and forums, as well as make trade visits with major partners such as China, Vietnam, Australia, and Germany. According to reports from the department, the 2023 target of 7.5 million tons represents a 22% increase from 6.3 million tons of Thai rice exported in 2021. The largest Thai rice importer last year was Iraq with 1.6 million tons, followed by South Africa (775,000), China (750,000), the United States (650,000), and Benin (321,000), respectively. Source: https://thainews.prd.go.th/en/news/detail/TCATG230202143721501 -- © Copyright NNT 2023-02-02 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information. Link to comment Share on other sites More sharing options...
bangon04 Posted February 3, 2023 Share Posted February 3, 2023 and the rice IMPORT target for Thailand is?? Link to comment Share on other sites More sharing options...
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